How this ADBE vs CRWD comparison is calculated

All metrics are based on trailing twelve months (TTM) financial data, consensus analyst estimates, and standardized valuation ratios. Data is sourced from Financial Modeling Prep and SEC EDGAR. Figures are normalized to ensure a fair comparison between Adobe Inc. and CrowdStrike Holdings, Inc.. Analyst price targets and ratings are aggregated from Wall Street consensus as of 2026-05-14.

Quick verdict: Adobe Inc. vs CrowdStrike Holdings, Inc. in 2026

CrowdStrike Holdings, Inc. (CRWD) stands out as the growth leader, showcasing a significantly higher revenue expansion rate. Despite this, CRWD also holds the valuation edge according to some metrics, even with its negative earnings. Adobe Inc. (ADBE), on the other hand, clearly leads in profitability and margin performance, exhibiting robust operational efficiency. Wall Street analysts appear to favor CrowdStrike Holdings, Inc. based on buy rating percentage, yet Adobe Inc. presents the most substantial upside potential according to consensus price targets. Not investment advice.

Adobe Inc. vs CrowdStrike Holdings, Inc.: key metrics side by side

A full side-by-side look at Adobe Inc. (ADBE) and CrowdStrike Holdings, Inc. (CRWD) across earnings multiples, profitability, revenue momentum, and analyst sentiment — data updated 2026-05-14.

Relative valuation: ADBE vs CRWD

Adobe Inc. (ADBE) currently trades at a significantly lower earnings multiple of 13.43x, presenting a compelling contrast to CrowdStrike Holdings, Inc.’s (CRWD) negative P/E ratio of -775.63x. This stark price-to-earnings gap immediately highlights the fundamental divergence in their profitability. While a negative earnings multiple for CrowdStrike Holdings, Inc. indicates current losses, Adobe Inc.’s positive, albeit modest, multiple suggests a stable, profitable business with established earnings power.

Further examining their relative valuation, ADBE boasts a price-to-book multiple of 8.47x, considerably lower than CRWD’s 32.09x. This indicates that investors are paying a much higher premium for CrowdStrike Holdings, Inc.’s book value, reflecting high growth expectations rather than current tangible assets. From a discounted cash flow (DCF) perspective, Adobe Inc. shows a substantial implied upside of +51.6% to its intrinsic value, whereas CRWD faces a severe implied downside of -96.8%. Based on current consensus data, this suggests that Adobe Inc. carries a more attractive fundamental discount, offering a potentially wider margin of safety for long-term investors compared to the richly valued CrowdStrike Holdings, Inc.

Revenue momentum: Adobe Inc. vs CrowdStrike Holdings, Inc.

CrowdStrike Holdings, Inc. (CRWD) demonstrates a robust topline expansion, reporting an impressive revenue growth rate of +21.7% year-over-year. This accelerated growth trajectory positions CRWD as a leader in its cybersecurity segment, reflecting strong demand for its cloud-native security solutions and its aggressive market penetration strategy. In comparison, Adobe Inc. (ADBE), a more established software giant, posted a more modest revenue increase of +10.5%. While still respectable, Adobe Inc.’s growth rate indicates a company operating at a larger scale with more mature market presence.

However, the operational efficiency accompanying this growth diverges significantly. Adobe Inc. showcases a formidable EBITDA margin of 40.4%, demonstrating exceptional profitability from its core operations and strong pricing power. CrowdStrike Holdings, Inc., despite its rapid revenue gains, registers a much slimmer EBITDA margin of just 2.32%. This disparity highlights that while CRWD is expanding its market share aggressively, ADBE is far more effective at converting sales into operating profit. This gap in operational leverage may not persist indefinitely as CrowdStrike Holdings, Inc. matures and scales, but currently, Adobe Inc. maintains a clear lead in terms of profitable growth.

Profitability and cash generation: ADBE vs CRWD

When assessing intrinsic profitability, Adobe Inc. (ADBE) clearly outperforms CrowdStrike Holdings, Inc. (CRWD). Adobe Inc. boasts a remarkable net margin of 29.48%, indicating a highly efficient business model that translates a substantial portion of its revenue into profit. This superior margin reflects its strong brand, recurring revenue streams, and disciplined cost management. In stark contrast, CrowdStrike Holdings, Inc. currently operates at a loss, reflected in its negative net margin of -3.81%. This fundamental divergence underscores Adobe Inc.’s established market position and proven ability to generate consistent bottom-line results.

Regarding cash generation, ADBE also presents a far more compelling picture. The free cash flow yield for Adobe Inc. stands at 10.81%, demonstrating its strong ability to convert earnings into accessible cash, which can be reinvested in product development or returned to shareholders. CrowdStrike Holdings, Inc., by comparison, exhibits a significantly lower free cash flow yield of 0.87%. Both companies report “N/A%” for Return on Equity (ROE), suggesting data limitations or specific accounting treatments that preclude a direct comparison on this particular metric. Nonetheless, Adobe Inc.’s robust cash conversion and net profitability establish it as the stronger performer in terms of generating substantial financial returns for its shareholders.

Wall Street view: Adobe Inc. vs CrowdStrike Holdings, Inc. analyst ratings

The sentiment among Wall Street analysts regarding Adobe Inc. (ADBE) and CrowdStrike Holdings, Inc. (CRWD) presents a mixed yet insightful perspective. A significant majority of analysts, 75.4%, issue a ‘Buy’ rating for CrowdStrike Holdings, Inc., indicating strong confidence in its future prospects and market position within the cybersecurity landscape. The consensus price target for CRWD, however, stands at $523.58, which implies a modest downside of -6.9% from its current trading price. This suggests that while analysts are generally bullish on the company’s trajectory and continued growth, its current valuation might already reflect much of its anticipated expansion.

Adobe Inc., on the other hand, garners a respectable 53.2% ‘Buy’ rating from analysts, a healthy endorsement though lower than its counterpart. Crucially, the consensus price target for ADBE is $345.5, representing a substantial implied upside of +46.4%. This suggests that despite a lower percentage of ‘Buy’ ratings, those analysts covering Adobe Inc. perceive significantly more room for its stock appreciation, potentially viewing it as undervalued. Therefore, while CrowdStrike Holdings, Inc. has a broader analyst following expressing positive sentiment, Adobe Inc. offers a more compelling potential return based on current price targets, though these targets may vary depending on future estimate revisions and shifts in market dynamics.

Which investor profile fits ADBE vs CRWD?

Understanding which company aligns with a particular investment philosophy is crucial for prospective shareholders. For the **growth investor**, CrowdStrike Holdings, Inc. (CRWD) clearly presents a more aggressive growth profile. Its impressive +21.7% year-over-year revenue expansion outpaces Adobe Inc.’s (ADBE) +10.5%, signaling a company in a high-growth phase within the dynamic cybersecurity market. However, investors prioritizing profitable growth might lean towards Adobe Inc., which, despite a slower expansion rate, demonstrates vastly superior net and EBITDA margins, ensuring that its growth is sustainable and generates significant cash.

From the perspective of a **value investor**, Adobe Inc. appears to offer a more traditional and attractive proposition. ADBE trades at a P/E multiple of 13.43x, representing a tangible valuation based on current earnings. This stands in stark contrast to CrowdStrike Holdings, Inc.’s negative P/E of -775.63x, which indicates a company yet to achieve consistent profitability. Furthermore, Adobe Inc.’s Discounted Cash Flow (DCF) analysis suggests a substantial +51.6% upside, indicating that the stock may be trading below its intrinsic worth based on future cash flow projections. CrowdStrike Holdings, Inc.’s DCF, conversely, points to a significant -96.8% downside, suggesting a highly speculative valuation that is not currently supported by its financial fundamentals. Adobe Inc. also exhibits a more favorable price-to-book ratio of 8.47x compared to CRWD’s 32.09x.

For **income-focused investors**, neither Adobe Inc. nor CrowdStrike Holdings, Inc. currently offers a dividend yield, with both standing at 0%. This indicates that both companies are primarily focused on reinvesting earnings back into their operations for growth rather than distributing profits to shareholders via dividends. Therefore, investors seeking regular income streams would need to look elsewhere, as these are not income-generating stocks at this time. This is not investment advice. Always do your own research.

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